Screen LibraryThe art of computer modeling for business analytics : paradigms and case studies /
"Companies today routinely utilize computer models to help make decisions. These models take many forms, from simple spreadsheets to sophisticated computer simulations. The cief underlying reason for constructing a model is to assess the impact of a decision on business prerformance. Based on t...
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| Main Authors: | |
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| Published: |
Business Expert Press,
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| Publisher Address: | New York, NY : |
| Publication Dates: | 2016. |
| Literature type: | Book |
| Language: | English |
| Series: |
Quantitative approaches to decision making collection
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| Subjects: | |
| Summary: |
"Companies today routinely utilize computer models to help make decisions. These models take many forms, from simple spreadsheets to sophisticated computer simulations. The cief underlying reason for constructing a model is to assess the impact of a decision on business prerformance. Based on that assessment, model users will make recommendations and take actions. the tacit assumption is that the model captures the relevant factors at a sufficient level of detail to make accurate projectsions. The validity of the model thus depends on a host of judgments that the model thus depends on a host of judgments that the model builder makes in constructing the model--some transparent, others implicit. These judgments are what make building a computer model more of an art than a science"--Back cover. |
| Carrier Form: | xiv, 115 pages : illustrations ; 23 cm. |
| Bibliography: | Includes bibliographical references (pages [111]-112) and index. |
| ISBN: |
9781631573750 (paperback) : 1631573756 (paperback) |
| CLC: | TP18 |
| Call Number: | TP18/F297 |
| Contents: | Preaface -- Acknowledgments -- chapter 1. Introduction -- chapter 2. Assessing risk and opportunities of a manufacturing plant expansion -- chapter 3. Scheduling semiconductor fabs -- chapter 4. Rationalizing a distribution network for a chemical distributor -- chapter 5. Identifying inventory and cycle time reduction opportunities for a steel manufacturer -- chapter 6. Optimizing inventory distribution for a musical instrument rental company -- chapter 7. Modeling for modeling's sake: a cautionary tale -- chapter 8. Calculating price elasticity curves for a packaged vacation tourism company -- chapter 9. Understanding the impact of variability through modeling -- chapter 10. The limits of computer modeling -- Reference -- Index. |